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**1. What is Management?

**
Management is the process of planning, organizing, directing, and controlling resources
(human, financial, physical, and informational) to achieve organizational goals effectively and
efficiently. It involves coordinating the efforts of people to achieve common objectives and
ensure the smooth functioning of an organization.

**2. Functions of Management:**


The functions of management, often categorized as P-O-L-C, are:
- **Planning:** Involves setting goals, defining strategies, and developing plans to
coordinate activities.
- **Organizing:** Structuring resources and activities to implement the plans and achieve
objectives.
- **Leading (or Directing):** Guiding and motivating employees to achieve organizational
goals.
- **Controlling:** Monitoring, evaluating, and adjusting activities to ensure that goals are
achieved.

**3. Different Kinds of Managers:**


There are various levels of management, each with its own set of responsibilities:
- **Top-level Managers:** Responsible for overall organizational performance and strategic
planning.
- **Middle-level Managers:** Oversee specific departments or functions and implement the
policies and plans developed by top-level management.
- **First-line Managers (Supervisors):** Directly supervise the work of non-managerial
employees and implement the plans of middle management.

**4. Major Roles and Sub-Roles of Managers:**


- **Interpersonal Roles:**
- Figurehead: Symbolic head and representative of the organization.
- Leader: Motivates and directs employees.
- Liaison: Builds and maintains networks within and outside the organization.

- **Informational Roles:**
- Monitor: Seeks and receives information.
- Disseminator: Distributes information to employees.
- Spokesperson: Represents the organization to the external environment.

- **Decisional Roles:**
- Entrepreneur: Initiates and oversees innovation.
- Disturbance Handler: Manages conflicts and crises.
- Resource Allocator: Allocates resources to achieve organizational goals.
- Negotiator: Represents the organization in negotiations.

**5. What Companies Look for in Managers:**


Companies look for a combination of skills, qualities, and attributes in managers, including:
- **Leadership Skills:** Ability to inspire, guide, and influence others.
- **Communication Skills:** Effective communication both within the organization and
externally.
- **Decision-Making Skills:** Sound judgment and the ability to make timely decisions.
- **Problem-Solving Skills:** Ability to analyze and solve complex problems.
- **Adaptability:** Capacity to adapt to changing circumstances and lead through
uncertainty.
- **Teamwork and Collaboration:** Ability to work effectively with others.
- **Ethical Behavior:** Demonstrating integrity and ethical conduct in decision-making.
- **Strategic Thinking:** Ability to think long-term and contribute to organizational strategy.

In a BBA program, students are equipped with the foundational knowledge and skills needed
for various managerial roles and are exposed to theories and practices that prepare them for
effective management in diverse organizational settings.

UNIT 2

**1. Origins of Management:**


Management has its roots in ancient civilizations where organized efforts were required to
build structures, manage resources, and conduct trade. The earliest known management
practices can be traced to the Sumerians, Egyptians, and Chinese, who employed basic
principles of planning, organizing, directing, and controlling to achieve their objectives.
However, the formal study and systematic development of management as a discipline
began in the late 19th and early 20th centuries.

**2. History of Scientific Management:**


Scientific Management, pioneered by Frederick Taylor in the early 20th century, focused on
optimizing labor productivity. Taylor introduced time and motion studies to analyze and
improve work processes, emphasizing efficiency and standardization. His work laid the
foundation for the principles of specialization, division of labor, and the scientific selection
and training of workers.

**3. History of Bureaucratic and Administrative Management:**


Max Weber, in the early 20th century, introduced the concept of bureaucratic management,
emphasizing a hierarchical structure, clear division of labor, formal rules, and impersonal
relationships. Administrative Management, as developed by Henri Fayol, focused on the
functions of management, proposing principles such as unity of command, scalar chain, and
equity. These approaches provided frameworks for organizing and managing large, complex
organizations.

**4. History of Human Relations Management:**


The Human Relations Movement emerged in the 1920s and 1930s as a response to the
limitations of scientific management. Elton Mayo's Hawthorne Studies highlighted the
importance of social factors and employee relationships in the workplace. This perspective
emphasized the human aspect of work, worker satisfaction, and the role of communication
and motivation in enhancing productivity.
**5. History of Operations, Information, Systems, and Contingency Management:**
- **Operations Management:** Evolved in the mid-20th century, focusing on the efficient
production of goods and services. It integrates principles of process optimization, quality
management, and supply chain management.

- **Information Management:** With the advent of computers, the 20th century saw a shift
towards managing information. Information Management involves the collection,
processing, storage, and dissemination of information to support decision-making.

- **Systems Management:** Emerged in the latter half of the 20th century, emphasizing the
holistic view of organizations as systems. This approach considers the interdependence of
various parts within an organization and the need for alignment.

- **Contingency Management:** Developed in the mid-20th century, contingency theory


suggests that there is no one-size-fits-all approach to management. Instead, the
effectiveness of management practices depends on the specific context or situation.

UNIT 3

**1. How Changing Environments Affect Organizations:**


Changing environments have a profound impact on organizations, influencing their
strategies, structures, and overall effectiveness. BBA students learn that environmental
factors can be classified into two categories: external and internal. External factors, such as
economic conditions, technological advancements, socio-cultural trends, and legal
regulations, shape the broader business landscape. Internal factors include the
organization's resources, capabilities, and structure.

Dynamic environments require organizations to be adaptive and responsive. For example,


economic downturns may necessitate cost-cutting measures, while technological
advancements may demand innovation and digital transformation. BBA students understand
the importance of environmental scanning, where organizations monitor and analyze the
external environment to identify opportunities and threats.

**2. Components of General and Specific Environment:**


- **General Environment:**
- **Economic Environment:** Includes factors like inflation rates, exchange rates, and
economic growth.
- **Technological Environment:** Encompasses advancements in technology that can
impact products, services, and operations.
- **Socio-Cultural Environment:** Involves societal values, norms, demographics, and
cultural trends.
- **Political-Legal Environment:** Includes government regulations, laws, and political
stability.
- **Natural Environment:** Concerns ecological factors and sustainability issues.
- **Specific Environment:**
- **Customers:** The individuals or organizations that purchase goods or services.
- **Competitors:** Other organizations offering similar products or services.
- **Suppliers:** Entities providing resources needed for production.
- **Regulators:** Government agencies and bodies that set rules and regulations.
- **Strategic Partners:** Collaborative relationships that contribute to organizational goals.

BBA students learn to analyze these components to assess the impact of the general and
specific environments on organizational performance and decision-making.

**3. How Organizational Cultures Are Created:**


Organizational culture is the shared values, beliefs, and practices that shape the behavior of
individuals within an organization. BBA students explore how organizational cultures are
created and sustained through several mechanisms:

- **Founder's Influence:** The values and beliefs of an organization's founders play a


significant role in shaping its culture. The founder's vision, leadership style, and personal
values set the initial tone.

- **Selection and Socialization:** Organizations select and socialize employees who align
with their cultural values. BBA students understand that hiring processes, orientation
programs, and ongoing training contribute to cultural reinforcement.

- **Leadership Behavior:** Leaders play a crucial role in shaping and reinforcing


organizational culture. Their actions, decisions, and communication style set the tone for the
entire organization.

- **Ceremonies and Rituals:** BBA students learn that ceremonies, rituals, and traditions
create a sense of identity and belonging among employees. These activities reinforce
cultural norms and values.

- **Stories and Symbols:** The telling of stories and the use of symbols contribute to the
creation and transmission of organizational culture. BBA students understand that these
narratives help employees understand the organization's history, values, and expectations.

UNIT 4

**1. Common Kinds of Workplace Deviances:**


Workplace deviance refers to intentional behaviors by employees that violate organizational
norms and can harm the workplace. Common types include:
- **Theft and Sabotage:** Unauthorized taking of company property or intentional damage
to equipment.
- **Absenteeism and Tardiness:** Regularly missing work or arriving late without proper
justification.
- **Cyberloafing:** Wasting work time on non-work-related online activities.
- **Workplace Bullying:** Persistent mistreatment or harassment of colleagues.
- **Misuse of Resources:** Inappropriate use of company time, equipment, or resources for
personal gain.

**2. Influences on Ethical Decision Making:**


Ethical decision making is influenced by various factors:
- **Individual Values:** Personal values and principles guide ethical decision making.
- **Organizational Culture:** The ethical tone set by the organization influences employee
behavior.
- **Peer Pressure:** Influence from colleagues and the desire to fit in.
- **Leadership Behavior:** The actions and decisions of leaders set an ethical example.
- **Laws and Regulations:** Legal considerations often shape ethical choices.
- **Consequences:** Anticipated outcomes and potential impact on stakeholders.

**3. Practical Steps Managers Can Take to Improve Ethical Decision Making:**
- **Promote Ethical Culture:** Foster an organizational culture that values ethics and
integrity.
- **Provide Training:** Conduct ethics training to raise awareness and provide guidelines.
- **Encourage Open Communication:** Create an environment where employees feel
comfortable discussing ethical concerns.
- **Lead by Example:** Demonstrate ethical behavior at all organizational levels.
- **Establish Clear Policies:** Clearly define ethical expectations and consequences for
violations.

**4. Concept of Social Responsibility:**


Social responsibility refers to a business's obligation to act in ways that benefit society. It
involves ethical decision making and going beyond legal requirements to contribute
positively to communities, the environment, and stakeholders.

**5. Benefits and Pitfalls of Planning:**


- **Benefits:**
- **Guidance:** Provides a roadmap for achieving goals.
- **Resource Allocation:** Efficient allocation of resources.
- **Coordination:** Facilitates coordination among different organizational units.
- **Risk Management:** Helps identify potential risks and develop mitigation strategies.

- **Pitfalls:**
- **Rigidity:** Plans may become obsolete if the environment changes rapidly.
- **Overemphasis on Formal Plans:** Informal plans and flexibility may be overlooked.
- **Resistance to Change:** Employees may resist plans that disrupt established routines.

**6. How to Make Plans That Work:**


- **Set Clear Objectives:** Clearly define goals and objectives.
- **Involve Stakeholders:** Include input from relevant parties in the planning process.
- **Be Flexible:** Allow for adjustments based on changing circumstances.
- **Communication:** Ensure plans are communicated effectively throughout the
organization.
- **Monitor and Evaluate:** Regularly assess progress and adapt plans as needed.
**7. Steps and Limits to Rational Decision Making:**
- **Steps:**
1. Identify the Problem.
2. Generate Alternatives.
3. Evaluate Alternatives.
4. Make a Decision.
5. Implement the Decision.
6. Monitor and Adjust.

- **Limits:**
- **Information Constraints:** Limited information may impact decision quality.
- **Time Constraints:** Urgency may limit the thoroughness of decision making.
- **Cognitive Limits:** Human cognitive capacities may restrict the ability to process
complex information.

**8. How Group Decision Making Can Improve Decision Making:**


- **Diverse Perspectives:** Groups bring diverse knowledge and viewpoints.
- **Increased Creativity:** Collective brainstorming enhances creativity.
- **Better Information Processing:** Combining individual expertise results in more
comprehensive analysis.
- **Improved Acceptance:** Involving stakeholders in decision-making increases acceptance
and commitment.

UNIT 5

**1. Components of Sustainable Competitive Advantage:**


Sustainable competitive advantage refers to the unique attributes and strategies that enable
a company to outperform its competitors consistently over the long term. The key
components include:

- **Resource-Based View (RBV):** Unique and valuable resources and capabilities that
competitors find difficult to replicate.

- **Cost Leadership:** Achieving lower costs than competitors while maintaining


comparable quality.

- **Differentiation:** Offering unique and desirable products or services that stand out in
the market.

- **Innovation:** Continuous development of new products, processes, or business models.

- **Brand and Reputation:** Building a strong brand and positive reputation that creates
customer loyalty.

- **Supply Chain Management:** Efficient and effective control over the entire supply chain.
- **Strategic Alliances:** Building partnerships and collaborations to enhance
competitiveness.

**Importance of Sustainable Competitive Advantage:**


- **Long-Term Success:** Sustaining a competitive advantage contributes to long-term
profitability and success.

- **Market Positioning:** Allows a company to occupy a strong position in the market,


making it difficult for competitors to surpass.

- **Customer Loyalty:** Unique offerings and consistent performance build customer


loyalty.

- **Barriers to Entry:** Deters new competitors from entering the market.

- **Investor Confidence:** Enhances investor confidence and attracts financial support.

**2. Steps in the Strategic Decision-Making Process:**


The strategic decision-making process involves several key steps:

- **Identification of Strategic Issues:** Recognizing challenges and opportunities in the


external and internal environments.

- **Environmental Scanning:** Analyzing the external environment for threats and


opportunities.

- **Internal Analysis:** Evaluating organizational resources, capabilities, and competencies.

- **SWOT Analysis:** Identifying strengths, weaknesses, opportunities, and threats.

- **Setting Objectives:** Defining clear, achievable, and measurable objectives.

- **Formulating Strategies:** Developing strategies based on the analysis of the internal and
external environments.

- **Implementation:** Executing the chosen strategies.

- **Monitoring and Evaluation:** Continuously assessing the effectiveness of strategies and


adjusting as needed.

**3. Types of Corporate Level, Industry Level, and Firm Level Strategies:**

- **Corporate Level Strategies:**


- **Diversification:** Expanding into new markets or products.
- **Vertical Integration:** Controlling multiple stages of the production or distribution
process.
- **Mergers and Acquisitions:** Acquiring or merging with other companies to achieve
strategic objectives.

- **Industry Level Strategies:**


- **Cost Leadership:** Becoming the low-cost producer in the industry.
- **Differentiation:** Offering unique products or services that justify a premium price.
- **Focus:** Concentrating on a specific market segment or niche.

- **Firm Level Strategies:**


- **Competitive Strategies:** Strategies to gain a competitive advantage within a specific
industry.
- **Cooperative Strategies:** Collaborative efforts with other organizations for mutual
benefit.
- **Innovation Strategies:** Emphasizing research, development, and innovation to stay
ahead.

UNIT 7.

**1. Why Innovation Matters to Companies:**


Innovation is critical for companies for several reasons:

- **Competitive Advantage:** Innovations help companies stay ahead of competitors by


offering unique products, services, or processes.

- **Market Growth:** Introducing innovative solutions can open new markets and expand
existing ones, driving growth.

- **Cost Efficiency:** Innovations can lead to more efficient processes, reducing costs and
increasing profitability.

- **Customer Satisfaction:** Innovative products and services often meet or exceed


customer expectations, enhancing satisfaction and loyalty.

- **Adaptation to Change:** In rapidly evolving markets, innovation enables companies to


adapt to changes in technology, consumer preferences, and the business environment.

- **Talent Attraction and Retention:** Companies known for innovation are more likely to
attract top talent, and a culture of innovation can enhance employee satisfaction and
retention.

**2. How Managers Can Effectively Manage Innovation:**


Effective management of innovation involves a combination of leadership, culture, and
processes:

- **Leadership Support:** Managers must provide clear support for innovation, set a vision,
and encourage a culture that values experimentation and learning from failure.
- **Encourage a Culture of Innovation:** Foster an organizational culture that promotes
creativity, risk-taking, and continuous improvement.

- **Resource Allocation:** Allocate sufficient resources, including time, budget, and talent,
to support innovation initiatives.

- **Cross-functional Collaboration:** Encourage collaboration among different departments


and teams to bring diverse perspectives and expertise to the innovation process.

- **Feedback Mechanisms:** Establish feedback mechanisms to gather insights from


employees, customers, and other stakeholders.

- **Reward and Recognition:** Recognize and reward employees for their innovative
contributions to motivate and reinforce a culture of innovation.

**3. Methods to Better Manage Change:**


Managing change effectively is crucial for organizational success. Managers can use various
methods:

- **Communication:** Clearly communicate the reasons for change, the expected


outcomes, and the impact on individuals and the organization.

- **Employee Involvement:** Involve employees in the change process by seeking their


input, addressing concerns, and providing opportunities for collaboration.

- **Training and Development:** Provide the necessary training and development programs
to equip employees with the skills and knowledge required for the changes.

- **Leadership Support:** Demonstrate strong leadership support and commitment to the


change to inspire confidence among employees.

- **Pilot Programs:** Implement changes on a smaller scale first (pilot programs) to identify
potential challenges and refine the approach before full implementation.

- **Feedback Mechanisms:** Establish channels for feedback to gather insights from


employees throughout the change process.

- **Celebrate Successes:** Acknowledge and celebrate achievements and milestones during


the change process to build morale and motivation.

Managers need to be adaptive, empathetic, and proactive when managing change,


understanding that it is a continuous process rather than a one-time event. By incorporating
these methods, managers can navigate change more effectively and ensure that the
organization remains resilient and responsive to evolving circumstances. BBA students learn
these concepts to prepare for leadership roles and contribute to organizational success in
dynamic business environments.
UNIT 8-19

Certainly! Let's delve into each topic in more detail:

### 1. **Impact of Global Business and Trade Rules:**


Global business impacts economies by fostering economic growth, creating job
opportunities, and facilitating the exchange of goods and services worldwide. Trade rules
and agreements like NAFTA, EU, and WTO reduce trade barriers, promote fair competition,
and set standards to ensure a level playing field.

### 2. **Standardization in Business:**


Standardization involves uniformity in processes, products, and marketing across different
markets. It streamlines production, reduces costs through economies of scale, enhances
brand recognition, and simplifies global market entry.

### 3. **Finding Favorable Business Climate:**


Companies seek a favorable business climate by considering factors such as political
stability, economic conditions, legal infrastructure, cultural fit, and technological
advancements. A positive business climate attracts investment and supports sustainable
operations.

### 4. **Cultural Differences:**


Adapting to cultural differences involves understanding communication styles, social
norms, and business practices in diverse cultures. Successful adaptation fosters effective
collaboration, builds trust, and mitigates misunderstandings in global business transactions.

### 5. **Departmentalization Approach to Organizational Structure:**


Departmentalization organizes tasks and employees into functional units, product-based
divisions, geographic regions, or customer segments. It enhances specialization,
coordination, and communication within each department.

### 6. **Organizational Authority:**


Organizational authority is the legitimate power assigned to individuals or positions. It
includes line authority (direct control), staff authority (advisory roles), and functional
authority (control over specific processes). Authority levels define decision-making and
responsibility.

### 7. **Writing a Project Report:**


Writing a project report involves clear articulation of project objectives, methodology,
findings, and recommendations. It should be structured logically, include relevant data, and
be tailored to the audience's level of expertise.

### 8. **Different Kinds of Teams:**


- **Functional Teams:** Focus on specific tasks or functions.
- **Cross-functional Teams:** Include members from diverse functional areas.
- **Self-managed Teams:** Responsible for their own decisions and performance.
- **Virtual Teams:** Collaborate online from different locations.

### 9. **General Characteristics of Work Teams:**


- **Clear Goals:** Shared objectives for the team.
- **Interdependence:** Members rely on each other.
- **Shared Accountability:** Collective responsibility for outcomes.
- **Open Communication:** Frequent and transparent information exchange.
- **Diverse Skill Set:** Varied expertise to address different aspects.

### 10. **Enhancing Work Team Effectiveness:**


- **Clear Communication:** Promote open and honest communication.
- **Goal Alignment:** Ensure team goals align with organizational objectives.
- **Training and Development:** Equip team members with necessary skills.
- **Positive Team Culture:** Foster a collaborative and supportive environment.
- **Recognition and Rewards:** Acknowledge individual and team achievements.

### 11. **Employment Laws and HR Practices:**


Various laws govern employment, including those related to discrimination, wages,
working hours, and safety. Compliance ensures fair and ethical HR practices.

### 12. **Recruiting for Qualified Applicants:**


Recruitment involves attracting qualified candidates through methods like online job
postings, networking, campus recruitment, and employee referrals. An effective recruitment
strategy aligns with organizational needs and values.

### 13. **Performance Appraisal for Feedback:**


Performance appraisal assesses employees' job performance and provides constructive
feedback. It aids in setting goals, identifying training needs, and making decisions about
promotions or adjustments.

### 14. **Diversity and Its Importance:**


Diversity fosters creativity and innovation by bringing different perspectives. It contributes
to a dynamic work environment, improves problem-solving, and enhances organizational
adaptability.

### 15. **Surface Level and Deep Level Diversity:**


- **Surface Level Diversity:** Observable characteristics like age, gender, and ethnicity.
- **Deep Level Diversity:** Less visible traits, including values, attitudes, and personality.

### 16. **Managing Diversity:**


Managing diversity involves creating inclusive policies, promoting equal opportunities, and
valuing differences. It requires awareness, training, and a commitment to fostering a diverse
and inclusive workplace.

### 17. **Basics of Motivation:**


Motivation involves understanding and satisfying employees' needs to enhance
performance. Key factors include recognition, career development, and a positive work
environment.

### 18. **Theories of Motivation:**


- **Maslow's Hierarchy of Needs:** Hierarchical needs from basic to self-actualization.
- **Herzberg's Two-Factor Theory:** Hygiene factors and motivators influence satisfaction.
- **Expectancy Theory:** Individuals make choices based on expected outcomes.

### 19. **Motivation Model for Workers:**


A motivation model involves assessing individual needs, setting challenging but achievable
goals, providing timely feedback, and offering appropriate rewards and recognition.

### 20. **Concept of Leadership:**


Leadership is the ability to influence and guide individuals or groups toward achieving
organizational goals. It involves vision, decision-making, and inspiring others.

### 21. **Theories of Leadership:**


- **Trait Theory:** Identifies inherent characteristics of effective leaders.
- **Behavioral Theory:** Focuses on leadership behaviors.
- **Contingency Theory:** Leadership style adapts to different situations.
- **Transformational Leadership:** Inspires and motivates followers to achieve beyond
expectations.

### 22. **Insights from Management Practice:**


Insights from management practice are derived from real-world experiences, case studies,
and successful strategies. Continuous learning and adaptation are crucial for effective
management.

### 23. **Contemporary Issues in Management:**


- **Digital Transformation:** Adapting to new technologies.
- **Remote Work Challenges:** Managing virtual teams and maintaining productivity.
- **Ethical Considerations:** Addressing ethical dilemmas in decision-making.
- **Sustainability:** Incorporating eco-friendly practices.
- **Rapid Technological Advancements:** Staying abreast of technological changes.

### 24. **Role of Perception in Communication:**


Perception influences how individuals interpret messages. Misunderstandings may arise
due to differences in perception, emphasizing the need for clear communication.

### 25. **Kinds of Communication Processes:**


- **Verbal Communication:** Spoken or written words.
- **Non-verbal Communication:** Body language, gestures, and facial expressions.
- **Written Communication:** Emails, reports, and documentation.
- **Visual Communication:** Graphs, charts, and presentations.

### 26. **Basic Control Process:**


The control process involves:
- **Setting Standards:** Establishing performance criteria.
- **Measuring Performance:** Assessing actual performance.
- **Comparing Results:** Analyzing deviations from standards.
- **Taking Corrective Action:** Adjusting processes to meet objectives.

### 27. **Methods for Maintaining Control:**


- **Bureaucratic Control:** Strict rules and regulations.
- **Market Control:** Competition-driven control.
- **Clan Control:** Informal control through organizational culture.
- **Technological Control:** Use of technology to monitor and regulate processes.

### 28. **Strategic Importance of Information:**


Information is crucial for strategic decision-making. It enables organizations

to anticipate market trends, identify opportunities, and gain a competitive edge.

### 29. **Characteristics of Useful Information:**


Useful information is:
- **Relevant:** Pertinent to the decision at hand.
- **Timely:** Available when needed.
- **Accurate:** Free from errors.
- **Complete:** Includes all necessary details.
- **Understandable:** Clear and comprehensible.

### 30. **Accessing and Sharing Information and Knowledge:**


Organizations access and share information through databases, information systems,
collaboration tools, and knowledge-sharing platforms. Effective knowledge management
enhances organizational learning.

### 31. **Concept of Productivity:**


Productivity measures the efficiency of converting inputs into outputs. It is vital for
managing operations effectively and optimizing resource utilization.

### 32. **Essentials of Managing Services Business:**


Managing services businesses involves addressing the unique challenges of intangibility,
inseparability, variability, and perishability. Emphasis on customer satisfaction, service
quality, and employee training is crucial.

### 33. **Kinds of Manufacturing Operations:**


Types of manufacturing operations include:
- **Job Shop:** Customized and low-volume production.
- **Batch Production:** Small batches of standardized products.
- **Assembly Line:** Continuous flow for mass production.
- **Continuous Process Manufacturing:** Continuous production of high-volume goods.

### 34. **Managing Inventory Levels:**


Efficient inventory management involves balancing the costs of holding inventory against
the costs of stockouts. Techniques like just-in-time (JIT) and economic order quantity (EOQ)
help optimize inventory levels, reducing carrying costs while ensuring product availability.

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